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Prospect News home > News index > List of issuers K > Headlines for KazMunayGas > News item
Published on 12/22/2016 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Kazakhstan’s KazMunayGas to buy back KZT 8 billion bonds due 2019

By Marisa Wong

Morgantown, W.Va., Dec. 22 – KazMunayGas said it plans to buy back 8 million units of its floating-rate bonds due 2019 on Jan. 1.

The bonds have a face amount KZT 1,000 and currently carry a coupon of 9.503%.

The company issued KZT 120 billion of the bonds in 2009.

The issuer said this is its 10th consecutive partial buyback of the bonds.

KazMunayGas is an Astana, Kazakhstan-based state-owned oil and gas company.


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